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president obama's plan raising taxes but medicare and social security will be largely spared. the budget cuts. we're getting an idea about possible long term impact tax increases voter as proved in proposition 30 could have on state economy. abc 7 news joins us live now with the story. nannette? >> well, higher taxes are not expected to be a major hit to the economy. if you're looking for a job it's hard to hear about a possible slow down in highering. governor brown got voters last month to approve proposition 30. a temporary income tax increase and a boos0qz the sales tax to save public schools. but a new anderson forecast called it a double edged sword because that will have a slight drag on the committee, slowing california growth. >> republicans have been saying that sometime. it change behaviors. it's dampening economic recovery. >> the forecast estimates payroll growth hovering between 1% and 2% in next two years. it predicts the rate will average 10.5% by the end of the year, then improve to 9.7% next year with the jobless rate around 8.4% in 2014. >> jerry shelton is
president obama's plan raising taxes but medicare and social security will be largely spared. the budget cuts. we're getting an idea about possible long term impact tax increases voter as proved in proposition 30 could have on state economy. abc 7 news joins us live now with the story. nannette? >> well, higher taxes are not expected to be a major hit to the economy. if you're looking for a job it's hard to hear about a possible slow down in highering. governor brown got voters last month...
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this is critical to your state. businesses in your state. taxpayers in your state. do you have any optimism that we may not go off the cliff? >> i do have optimism. there's no question about it. i think both sides understand that it's not in the nation's best interest for us to go off this cliff. people are tired of the partisanship. they want both sides to work together. they want them to do so in a balanced way. i agreed to join the stirring committee to fix the debt coalition and i have because the balance is that we have to make spending cuts. we have to address entitlements but we also have to make sure that we have the revenues that we need to make the investments that we need. education. infrastructure. transportation. research and development. workers training. all of those things are important things that we have to do. we have to get our spending in order as well. >> you're taking a bit of heat actually for signing onto that fix the debt campaign. as you outline it, it sounds lovely and bipartisan but a lot of critics say it's a deal that favors corporate
this is critical to your state. businesses in your state. taxpayers in your state. do you have any optimism that we may not go off the cliff? >> i do have optimism. there's no question about it. i think both sides understand that it's not in the nation's best interest for us to go off this cliff. people are tired of the partisanship. they want both sides to work together. they want them to do so in a balanced way. i agreed to join the stirring committee to fix the debt coalition and i...
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first off, senator, why did your state go for obama. >> first, thank you, bill, for having me on. throughout the campaign i said florida would be very close and competitive state. let's start by admitting the on oous the president ran a very good grass roots operation. they invested a the love money into the infrastructure and technology. we should look and learn from that. technological high ground always wins from these things. >> bill: i'm perplexed because i thought florida would go for mitt romney based upon the economy primarily but romney spent a lot of time and money there. but what did the -- what message that the president brought to florida sueded for him? >> i'm not sure if it's the president's message. it's the message that we need to do a better job as a movement. not just the republican party. those who believe in limited government and preenterprise have to do a better and more consistent job of explaining to people why free enterprise is better for them. >> bill: elected you in florida. they elected governor scott. both of you guys are conservative smaller governm
first off, senator, why did your state go for obama. >> first, thank you, bill, for having me on. throughout the campaign i said florida would be very close and competitive state. let's start by admitting the on oous the president ran a very good grass roots operation. they invested a the love money into the infrastructure and technology. we should look and learn from that. technological high ground always wins from these things. >> bill: i'm perplexed because i thought florida...
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president obama and secretary of state hillary clinton issued strong warnings to syria's president assad that there would be serious consequences if he used chemical weapons. >> it's the point of no return. they're going to lose any sort of backing that they had from the chinese and russians in terms of blocking the u.n. vote. and it's my -- it's a suicide move. >> reporter: iraq's saddam hussein killed 5,000 kurds with a sarin gas attack in 1988. jim miklaszewski, nbc news, pentagon. >>> back here at home, fiscal cliff negotiations in washington are still up in the air. most lawmakers have gone home for a long weekend break. this as timothy geithner says the obama administration is willing to go over the fiscal cliff. nbc's tracie potts joins us live from washington with an update. good morning to you. >> reporter: let's start with geithner. he told cnbc that instead of continuing tax breaks for the wealthy, the obama administration is willing to go over this cliff which means they're willing to let your taxes go up and unemployment checks go away massive spending cuts happen if the pen
president obama and secretary of state hillary clinton issued strong warnings to syria's president assad that there would be serious consequences if he used chemical weapons. >> it's the point of no return. they're going to lose any sort of backing that they had from the chinese and russians in terms of blocking the u.n. vote. and it's my -- it's a suicide move. >> reporter: iraq's saddam hussein killed 5,000 kurds with a sarin gas attack in 1988. jim miklaszewski, nbc news,...
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, barack obama. did they come to a conclusion. it is now the president's turn. >> brian: it is a week since the president and speaker talked. i do not know at of this moment who called who. >> steve: we know no details. >> brian: it is good there is no details. i just talked to the president and he's not listening to me . i talked to the speaker and he dug in. that is a good sign. >> steve: keep in mind, the last offer on the table was made by the republicans. the republicans are waiting for a counter offer. the white house said that is not serious, we are waiting for a offer from the republicans. tim geithner was on cnbc yesterday and asked whether or not the federal government is preparing to go off the fiscal cliff in particular this administration. he answered unfortunately in the affirmative. here's tim. >> if republicans do not agree to that is the administration prepared to go over the fiscal cliff. >> we face no prospect of agreement that doesn't involve the rates going up on the top two perc
, barack obama. did they come to a conclusion. it is now the president's turn. >> brian: it is a week since the president and speaker talked. i do not know at of this moment who called who. >> steve: we know no details. >> brian: it is good there is no details. i just talked to the president and he's not listening to me . i talked to the speaker and he dug in. that is a good sign. >> steve: keep in mind, the last offer on the table was made by the republicans. the...
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president barack obama, u.s. secretary of state hillary clinton that the use of chemical weapons in syria was a red line for which syria and the bashar al assad regime would face severe consequences if they ever did cross that red line and utilize chemical weapons against the people of syria. >> and we have no idea what those severe consequences would be, right? >> reporter: that's right, we don't. you know, people speculate that this would mean some type of military intervention, but we also know that a lot of world powers have not wanted to intervene militarily in syria. that they've wanted what's going on in syria to happen within syria. but the fear is if chemical weapons are utilized, and again, the syrian regime has said on many occasions, they are not going to use chemical weapons against their population, that that would mean there would be some type of military intervention, although it's unclear what scope that type of military intervention would take. >> mohammed jamjoom live in beirut, thanks very muc
president barack obama, u.s. secretary of state hillary clinton that the use of chemical weapons in syria was a red line for which syria and the bashar al assad regime would face severe consequences if they ever did cross that red line and utilize chemical weapons against the people of syria. >> and we have no idea what those severe consequences would be, right? >> reporter: that's right, we don't. you know, people speculate that this would mean some type of military intervention,...
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one was barack obama. the history of the republican party has always been that of freedom for all people and that's what we try to convey in our movie and we are very successfully doing that, "the runaway slave." that's the message. >> reverend, excuse me one second. >> mayor, there's been a lot of talk about how the hispanic vote has helped the president win votes like florida and nevada. but what's been less talked about is how the african-american vote gave the president higher totals in states like georgia as well as mississippi. when you hear what the reverend has to say in regard to the democratic party modern day, do you agree with what he's saying? >> if this weren't such a serious topic, his comments would be laughable. the president won a minority groups across the boar, not on latinos but asians. but he did it because all of these people are very smart and they understood who had their interests at heart and who didn't. what we know from the reverend's comments and other people's comments such a
one was barack obama. the history of the republican party has always been that of freedom for all people and that's what we try to convey in our movie and we are very successfully doing that, "the runaway slave." that's the message. >> reverend, excuse me one second. >> mayor, there's been a lot of talk about how the hispanic vote has helped the president win votes like florida and nevada. but what's been less talked about is how the african-american vote gave the...
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the amt basically doesn't allow you to deduct for things like your state income taxes and hits states with high property taxes and high income taxes hard, so you're talking california, connecticut, new york. >> it's like the obama donç or closet. >> and orrin hatch made that point this year, a republican senator. he said the amt hurts them more than us. >> they don't have to worry about it. they think that's their leverage. >> i want to think about other things discussed once we get past the tax rates, and i want to hear -- listen to president obama today talking about smflt other things, the spending cuts that are involved and what they're dealing with here. >> i think there's a recognition that maybe they can accept some rate increases as long as it's combined with serious entitlement reform and additional spending cuts. if we can get the leadership on the republican side to take that framework, to acknowledge that reality, then the numbers actually aren't that far apart. another way of putting this is, we can probably solve this in about a week. it's not that tough. >> chris, the
the amt basically doesn't allow you to deduct for things like your state income taxes and hits states with high property taxes and high income taxes hard, so you're talking california, connecticut, new york. >> it's like the obama donç or closet. >> and orrin hatch made that point this year, a republican senator. he said the amt hurts them more than us. >> they don't have to worry about it. they think that's their leverage. >> i want to think about other things...
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was a little different and president obama called you in tomorrow and said get everybody out of china and do whatever you have to do, make these, make everything you make in the united states. what would that do to the price of this device? >> honestly, it's not so much about price, it's about the skills et cetera. over time, there are skills that are associated with manufacturing that have left the u.s. not necessarily people, but the education to stop producing them. >> that's sad. how do we get that back? >> well, it's a concerted effort to get them back. and with this project i've talked about where we will do a mac in the united states next year, i think this is -- this is a really good step for us. and the consumer electronics world was really never here. it's not a matter of bringing it back, it's a matter of starting it here. >> good morning, thanks for joining us here. >> while steve jobs liked to avoid the spotlight, he also thrived on it. as if he was selling products that were pieces of his own soul. he was inventor, pitch man, and new wave pied piper all in one. tim cook
was a little different and president obama called you in tomorrow and said get everybody out of china and do whatever you have to do, make these, make everything you make in the united states. what would that do to the price of this device? >> honestly, it's not so much about price, it's about the skills et cetera. over time, there are skills that are associated with manufacturing that have left the u.s. not necessarily people, but the education to stop producing them. >> that's...
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obama's direction. thanks victoria. up in the great state of rhode island. joey he's on a tear here in chicago. what do you say joey? >> caller: good morning, bill. i say let's get out the government grilled cheese. let's go live in our cardboard boxes and go over the cliff. i am so sick of these spoiled rich people! they're a bunch of spoiled rotten babies! i'm cooking up the government grilled cheese. we're going over the cliff! >> buckle up, here we go! >> bill: buckle up, here we go. i'm with you joey. that's the best strategy. sometimes, as i said to the president last night on your behalf hold the line! hang tough! stick to your principles. this time we got them! two years ago, it was a different scenario. two years ago i wish he hadn't done it but i understand why. the president felt that he had to cave in. not this time! mr. president, as i told him last night hold the line! when we come back, karl rove and dick morris, are you going to miss them? michael calderone from "huffington post" will tell us what that's all about. >> announcer: this is the "
obama's direction. thanks victoria. up in the great state of rhode island. joey he's on a tear here in chicago. what do you say joey? >> caller: good morning, bill. i say let's get out the government grilled cheese. let's go live in our cardboard boxes and go over the cliff. i am so sick of these spoiled rich people! they're a bunch of spoiled rotten babies! i'm cooking up the government grilled cheese. we're going over the cliff! >> buckle up, here we go! >> bill: buckle up,...
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celebration of washington state's brand new pot law. yes, they're smoking joints. >>> i dare you, like double dare you. obama administration bites and says, yeah, we're prepared to go off the fiscal cliff. >>> roger goodell, the commissioner football fans love to hate. there's a softer, gentler side of goodell. seriously. the nfl commissioner you don't know. "newsroom" starts now. >>> good morning. thank you so much for joining me. i'm carol costello. smoke 'em if you got 'em. recreational marijuana is officially legal in washington state. shall we say a rather mellow celebration at seattle's space needle? pot smokers lit up like it was new year's eve. new voter approved initiative went into effect midnight. this pot party technically, is illegal. wz's law bans smoking pot in public places. for now the seattle police department is turning a blind eye. this notice was sent to all officers last night. until further notice officers shall not take any enforcement action, other than to issue a verbal warning, for a violation of initiative 50
celebration of washington state's brand new pot law. yes, they're smoking joints. >>> i dare you, like double dare you. obama administration bites and says, yeah, we're prepared to go off the fiscal cliff. >>> roger goodell, the commissioner football fans love to hate. there's a softer, gentler side of goodell. seriously. the nfl commissioner you don't know. "newsroom" starts now. >>> good morning. thank you so much for joining me. i'm carol costello. smoke...
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president of the united states, barack obama. >>> the poem is called "other." it's written by a beautiful young woman. her name is neo. sadly, that word other is how people are forced to describe ethnicity because they don't fit if a certain box. she says she was too light skinned for the black kids she grew up around. teasing and taunts of childhood still haunt her today. soledad o'brien tells her story. >> it's a poem about her life. but neo jones is struggling to recite it it aalways called me white girl. i was never ashamed of myself until they taught me to be ashamed. >> reporter: she calls it "other" or the biracial poem. it's about being bullied by black kids. >> i remember the taunts well in to the nights. the brands of vanilla took years to fade. >> reporter: now the tough part. she has to perform it at the first spoken word poetry competition of the season. it's painful. >> i pretended. no black mother to explain how this tall white man ended up with a short chestnut skinned girl. they doubted he was ever my father. >> reporter: seven hours until show
president of the united states, barack obama. >>> the poem is called "other." it's written by a beautiful young woman. her name is neo. sadly, that word other is how people are forced to describe ethnicity because they don't fit if a certain box. she says she was too light skinned for the black kids she grew up around. teasing and taunts of childhood still haunt her today. soledad o'brien tells her story. >> it's a poem about her life. but neo jones is struggling to...
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you've seen how the united states has reacted this week. president obama made a very pointed warning publicly to the syrian leadership. secretary clinton has done that twice on her current trip. secretary clinton will be meeting with the russian foreign minister and the u.n. mediator in syria today in brevlin. >> let's talk about those meetings. >> you can be sure that this issue of chemical weapons will be at the top of the list. >> no question about that. what are the options there? what can the international community do at this point if, in fact, they are already in a position where they're loading these components on to the weapons? >> well, one is this public message from the united states, from the nato secretary general and from the russians. the syrian government, including assad personally, will be held accountable. second is perhaps to see if the russians can use their influence. they're the big egest arms supplier to syria, the biggest ally that syria has, to dissuade the syrians from letting this chemical weapons loose or using
you've seen how the united states has reacted this week. president obama made a very pointed warning publicly to the syrian leadership. secretary clinton has done that twice on her current trip. secretary clinton will be meeting with the russian foreign minister and the u.n. mediator in syria today in brevlin. >> let's talk about those meetings. >> you can be sure that this issue of chemical weapons will be at the top of the list. >> no question about that. what are the...